SSI Electronics Funding: How Much Did They Raise & Key Investors

How Much Did SSI Electronics Raise?
Funding & Key Investors

SSI Electronics, a long-standing player in the electronics manufacturing sector, has secured $350K in total capital. The company recently announced a significant strategic investment of $350K, underscoring its position in the market. This latest financing round, dated April 14, 2020, marks a crucial phase for the Ne Belmont, Michigan-based firm as it navigates large-scale late-stage funding.

What is SSI Electronics?

SSI Electronics

Manufacturing

Electronics

Founded in 1983, SSI Electronics has established itself as a provider of specialized electronic components. Their product portfolio includes custom membrane switches, rubber keypads, touch screen panels, flexible circuits, and industrial medical sensors. The company's extensive experience and diverse offerings cater to various industrial and medical applications, positioning them as a key supplier in niche electronics manufacturing.

How much funding has SSI Electronics raised?

SSI Electronics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for SSI Electronics?

The substantial late-stage funding secured by SSI Electronics signals a strategic push for expansion and technological advancement. This capital infusion is likely to fuel further development of their custom solutions, enhance manufacturing capabilities, and potentially broaden their market reach within the industrial and medical sensor sectors. The company's focus on specialized components suggests a trajectory aimed at solidifying its leadership in high-value electronics manufacturing.

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